That big governments are conductive both to innovations and to the ‘social progress’ had long been considered as the axiome by politicians, mass-medias and, of course, by govs sponsored academics. This fallacy has been actively spread by politicized TV and radio channels.
The ‘pro-big-governments’ propaganda campaign was launched by ‘civil servants’ in 1920th, when bureaucrats blamed the ‘great depression’ on entrepreneurs, totally avoiding their own responsibility for it. …
Here is the riddle:
What are they?
Google Quotes: ‘USA.gov lists 137 executive agencies’. ‘There are 14 departments of the Australian Government’. ‘There are currently 23 ministerial departments, 20 non-ministerial departments and 413 agencies and other public bodies in UK’. ‘The federal cabinet of Germany consists of 14 ministers (and ministries)’. ‘Currently…
Google: ‘There are five major problems with bureaucracies: red tape, conflict, duplication, imperialism, and waste.’
To say the least.
We continue to feed them with our blood.
Worst. We continue to be optimists.
Astronomically large bureaucracies are astronomically better at killing.
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World is ruled by the power of guns. Guns are in the hands of bureaucracies, which are mostly composed of those who inherited their positions from their parents belonging to small privileged groups, clenching to power for generations. Those groups had been formed as a result of the darwinian process, during which geographically and climatically privileged regions had been gradually taken and then hold tight by migrating groups of humans all coming from the centers where the homo sapience specie is known to be born. …
After SVET token listing on the Uniswap one of the frequently asked questions, which concerns SVET pool liquidity providers (LP), is: How To Calculate My Impermanent Loss (IL) With The SVET Pool?
If ETH/SVET pair is falling (a SVET token price expressed in ETH is going down), then, simply, IL is equal to the difference between the amount of ETH you committed to the SVET pool at the beginning of a given time period and the amount of ETH you might extract at the end of this period. …
The Professor of Economics hears someone knocking to his front door at the midst of the night and rushes to open it with his wife in close pursuit thinking that Stanford students, confined for months to their tiny campus rooms, are rioting and he will be evacuated by the National Guard.
Instead, what our Professor gets from whoever interrupted his sleep is the news that he’s received the Nobel Prize. Now, can’t you see the irony?
If you can — you, probably, had taken Investing 101 in your University.
Indeed, the efficient-market hypothesis (EMH), according to which any piece of…
Quote: ‘Decentraland is a virtual reality platform powered by the Ethereum blockchain. … Land in Decentraland is permanently owned by the community … Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games.
Decentraland’s MarketplaceBurner and PassThrough contracts were audited by Nomic Lab. Quote (Nomic Lab): No security issues were found. Some changes were proposed to reduce the risk of potential future human mistakes…
From the point of view of ‘traditional economics’ where prices of all goods and services are supposed to be described by ‘Cobweb models’ and depend on their ‘marginal utility’, and where Money presents itself MoE-SoV-UoA of those values, one of the most baffling issues must be the meme coins.
Here’s the list of the top 10 meme coins ranked by their current MarketCap:
Dogecoin (DOGE) — MarketCap: $46.74B, Price: $0.36162; MonaCoin (MONA) — $202.82M, $3.08563; Hoge Finance (HOGE) — $98.59M, $0.00024; Meme (MEME) — $55.12M, $1,968.43; Banano (BAN) — $17.98M, $0.01479; Garlicoin (GRLC) — $4.36M, $0.06921; Memetic (MEME) — $2.48M…
The state of VC crypto investments in 2021 continues to improve. According to ‘Blockchain Venture Capital Report’ published April 11: